2020-10-20T12:29:19-05:00 2019-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2019-01-01 570196563 LAURENS ELECTRIC COOPERATIVE INC LAUR 8646823141 PO BOX 700 LAURENS SC 29360 J DAVID WASSON PRESIDENT & CEO 8646823141 2020-10-02 true BRYAN A ISGETT P01441928 4787466277 2020-10-20 98.175.202.218 2020-10-20 12:29:19 CD P 25F9B7C04C37FA469521EEC6F4E14D36AC5D002A 5586D5E413FCEF2742B907724651E8BC0D4D3AF0 2019 2021-04-22 16:20:28Z ATTN MATT STANLEY J DAVID WASSON PO BOX 700 LAURENS SC 29360 144291246 false X WWW.LAURENSELECTRIC.COM X 1939 SC TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 157 1419698 0 142074300 139777896 1206547 873112 1598701 1558400 144879548 142209408 0 10162056 6771076 980960 903401 0 0 133736532 134534931 144879548 142209408 0 225319700 242377887 153295486 167451285 72024214 74926602 X TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false N/A N/A false false true false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false true true false false true 72 0 true 157 true true true false false false false 138409331 4911785 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false SC X MATT STANLEY 8646823141 2254 HIGHWAY 14 LAURENS SC 29360 CHARLES E ADAIR CHAIRMAN 5.00 X X 22679 0 0 FE HENDRIX VICE CHAIRMA 5.00 X X 27517 0 0 MITCHELL POWERS SECRETARY/TR 5.00 X X 26565 0 0 JOE T NICHOLSON TRUSTEE 5.00 X 35455 0 0 WILLIAM HENDRIX TRUSTEE 5.00 X 24407 0 0 JIMMIE PERRY TRUSTEE 5.00 X 13537 0 0 LEWIS HARRISON TRUSTEE 5.00 X 9927 0 0 LEROY BLAKELY TRUSTEE 5.00 X 6406 0 0 EDDIE ABRAMS TRUSTEE 5.00 X 24488 0 0 MARCUS COOK TRUSTEE 5.00 X 47029 0 0 J DAVID WASSON PRESIDENT & 50.00 X 504008 0 161383 NATHAN BROWN VP-ENGINEER& 50.00 X 189465 0 85369 MATTHEW D STANLEY VP & CFO 50.00 X 177620 0 81848 CHAD ARMSTRONG VP OF HUMAN 50.00 X 167772 0 80364 JIM DONAHOO VP MARKETING 50.00 X 152436 0 71880 CHRISTOPHER J MIERS VP,MEMBER SE 50.00 X 144250 0 72460 1573561 553304 9 false true false BRIGHTVIEW LANDSCAPES LLC PO BOX 740655 ATLANTA GA 30374 LANDSCAPING 114967 1 PROGRAM SERVICE REVENUE 221000 138409331 138409331 PATRONAGE CAPITAL CREDITS 221000 1183913 1183913 POLE RENTAL 221000 184652 184652 139777896 873112 873112 3501536 2081838 1419698 1419698 OTHER ELECTRIC REVENUE 221000 138702 138702 138702 142209408 139731946 1419698 1057764 6771076 6771076 903401 903401 5646375 5646375 7825018 7825018 PURCHASED POWER 90162897 90162897 DISTRIBUTION OPERATIONS 9766853 9766853 ADMIN & GENERAL EXP 7999927 7999927 DISTRIBUTION MAINTENANCE 6389030 6389030 6744831 6744831 142209408 142209408 0 0 4607406 7843560 2023500 11444984 8602983 6029576 1609759 1782119 318036 305692 286568883 84455035 193306733 202113848 12072630 12858108 2778653 225319700 242377887 15968426 15973608 127486164 141293782 9840896 10183895 153295486 167451285 X 312060 317245 71712154 74609357 72024214 74926602 225319700 242377887 X 0 2902388 X false false 1500 1500 true HENRY MCMASTER FOR GOVERNOR PO BOX 11063 COLUMBIA SC 29211 813788778 1500 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN I-C. 6512974 6512974 280055909 84455035 195600874 202113848 INVESTMENT IN ASSOC. ORG-NEW H 6460505 C INVESTMENT IN ASSOC. ORG.-CENTRAL 2042591 C INVESTMENT IN ASSOC. ORG.-CEEUS 1877107 C OTHER INVESTMENT IN ASSOC. ORG 1012069 C INVESTMENT IN CTC'S-NRUCFC 511329 C INVESTMENT IN ASSOC. ORG-PRTC 478420 C INVESTMENT IN ASSOC. ORG.-FEDE 472302 C INVESTMENT IN ASSOC. ORG.-COBA 3785 C 12858108 REGULATORY LIABILITY-ASC 980 7000000 CONSUMER DEPOSITS 2872098 OTHER 311797 10183895 false false false J DAVID WASSON PRESIDENT & CEO 452458 27531 24019 138969 22414 665391 NATHAN BROWN VP-ENGINEER&OPER 178108 4819 6538 62955 22414 274834 MATTHEW D STANLEY VP & CFO 167357 5326 4937 59434 22414 259468 CHAD ARMSTRONG VP OF HUMAN RESOUR 158239 4819 4714 57950 22414 248136 JIM DONAHOO VP MARKETING AND BUS 142771 5326 4339 49466 22414 224316 CHRISTOPHER J MIERS VP,MEMBER SERVICES 135269 4819 4162 50046 22414 216710 FORM 990, PAGE 2, PART III, LINE 4D N/A FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IT ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD AS WELL AS MARKET DATA OBTAINED FROM STATEWIDE RESEARCH AND A NATIONAL SURVEY. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO AS WELL AS MARKET STATISTICS. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 MEMBERSHIP FEES 5,185 OTHER COMPREHENSIVE INCOME -2,883,625 RETIRED CAPITAL CREDITS GAIN 9,756 BENEFITS PAID TO MEMBERS 6,771,072 CAPITAL CREDIT RETIREMENTS -1,000,000 TOTAL 2,902,388 ALARM MONITORING CENTER OF SC LLC 2254 HWY 14 LAURENS SC 29630 571066653 SECURITY A SC -97660 1193462 LAURENS EC 1939 LAND MANAGEMENT LLC 2254 HWY 14 LAURENS SC 29630 824664489 LAND DEVEL SC -39601 9574835 LAURENS EC VANGUARD OF SPARTANBURG 101 BUILDERS BOILING SPRINGS SC 29316 570767813 SECURITY A SC LAURENS EC C CORP 1.00000 false false false false false false false false false false false false false false false false false false false false